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The Concluded Record

Resolved Cases

Every corporate debtor whose resolution plan was approved by the NCLT — the price of distress, on the record: admitted claims, realisable amounts, haircuts, what plans paid against the liquidation floor, and who bought what. Financial-service providers (FiSP) resolutions included.

Across 1,524 approved plans, creditors realised ₹4.34 L Cr against ₹14.95 L Cr admitted — 170% of liquidation value, at a median haircut of 76.2%. Data compiled from IBBI publications and NCLT/NCLAT orders · figures verbatim from source · last refreshed 12 Aug 2026.

How resolutions ended for creditors · haircut distribution across 1,343 plans
28
224
303
788
Surplus — creditors recovered more than claimed Under 40% — strong recovery 40–70% — moderate Over 70% — severe haircut
Plans Approved
1,524
decoded from the IBBI record
Claims Resolved
₹14.95 L Cr
total admitted claims
Realised for Creditors
₹4.34 L Cr
via approved plans
Recovery vs Liq. Value
170%
what plans paid vs the floor
Typical Haircut
76.2%
median — creditors' claims foregone
Still Operating
1,254
MCA-active after resolution
Acquirer Named
71
successful applicants on record
6 of 1,524 cases shown · full list for members

Benchmark: median haircut 76.2% across 1,524 approved plans · median admission-to-approval 20.6 months — computed over the full record since 2017.

Corporate Debtor Resolution Professional Approved Admitted → Realised Haircut vs Liq. Floor Acquirer
Shubhada Tool Industries Private Limited
U29248MH2014PTC254415
Machinery & Equipment
Atul Rajwadkar Mar 2026 14 mo in CIRP ₹58.1 Cr→₹9.4 Cr 83.9% 16.1% recovered 103% of LV Cian Agro Industries & Infrastructure Limited
Redkenko Health Tech Private Limited
U85100MH2020PTC335670
Healthcare
Pawan Kumar Sharma Mar 2026 15 mo in CIRP ₹25.7 Cr→₹3.9 Cr 84.8% 15.2% recovered 49× LV MKS Constro-Venture Private Limited
Classic Corrugations Private Limited
U21099GJ2011PTC065103
Other Manufacturing
Ravi Kapoor Mar 2026 14 mo in CIRP ₹14.6 Cr→₹7.1 Cr 51.6% 48.4% recovered 90% of LV Sonal Sumit Mehta jointly with Credex Trading
Jaiprakash Associates Limited
L14106UP1995PLC019017
Mining Mega
Bhuvan Madan Mar 2026 1y 9mo in CIRP ₹60,637 Cr→₹14,084 Cr 76.8% 23.2% recovered 89% of LV —
Pushp Ratna Realty Private Limited
U70100MP2008PTC020794
Real Estate & Housing
Hasti Mal Kachhara Mar 2026 17 mo in CIRP ₹24.0 Cr→₹17.5 Cr 26.8% 73.2% recovered 83% of LV Mr. Rajendra Hirani
Doshi Holdings Private Limited
U65990MH1986PTC039120
Financial Services
Kanak Jani Feb 2026 5y in CIRP ₹4.5 Cr→₹3.0 Cr 32.8% 67.2% recovered 20× LV —
⌕ 1,518 more resolutions

The full resolved record is for members

You're seeing 6 of 1,524 approved plans — admitted vs realised, haircut, recovery against the liquidation floor, duration and acquirer on every row. Each preview company above opens in full. Part of RP Pro and ARC / Investor access.

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Source: IBBI quarterly newsletters & cumulative outcome records · figures in ₹ crore as published · haircut = claims foregone vs admitted · "% of LV" = plan value vs estimated liquidation value · duration = admission → plan approval · PUFE = avoidance-transaction applications pending as reported
The price of distress, case by case
Admitted claims, realised amounts, haircut benchmarks, recovery against the liquidation floor and acquirers on every approved plan — the comparables an acquisition desk prices against. Part of RP Pro and ARC / Investor access.
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